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Updated 10 months ago on . Most recent reply

User Stats

5
Posts
7
Votes
Colin Frank
  • New to Real Estate
  • Bismarck ND
7
Votes |
5
Posts

19 years old and ready to jump into the real estate investing game!

Colin Frank
  • New to Real Estate
  • Bismarck ND
Posted

Hello everyone, my name is Colin. I am a 19 year old that is just getting started in the real estate investing game! I work a full time job at a wood shop building custom cabinetry. Ever since I was a toddler my parents have been investing in real estate. Weather it's helping with a fix and flip or mowing multiple rental properties' lawns, I've been around my parents real estate journey my whole childhood. Right now I rent one of their properties with a couple roommates and I've been looking to buy my own place. Luckily my mother is a realtor and just a couple of weeks ago we came across a duplex that was off the market and was about to go into foreclosure. We put in an offer and it got accepted. We close on 1/10/2025 and I'm super excited! My plan is to live on the upper unit and rent a room out to a buddy and turn the lower unit into a midterm rental. The property is in the middle of town and is close to the hospitals, so I figured that a midterm rental would be the best route. I've listened to a ton of episodes of the Real Estate Rookie Podcast and the Bigger Pockets Real Estate Podcast. I am very excited and nervous to start my investing journey and wanted to come onto the forums to ask for any tips or guidance before I jump in. 


Thank You! 

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